The light therapy industry consists of several players including:
Aura Daylight
Beurer
BioPhotas
Carex Health Brands (Compass Health Brands Corp.)
The Daavlin Company
Koninklijke Philips N.V
Lucimed
Lumie
Medisana GmbH
Northern Light Technologies
Niraxx
Verilux
PhotoMedex
Zepter International
Authors:
Mariam Faizullabhoy
Frequently Asked Questions (FAQ) :
Global market size for light therapy was valued at USD 997 million in 2022 and is set to progress at more than 6% CAGR over the next 10 years owing to favorable reimbursement scenarios, especially in developed economies.
Acne vulgaris segment is foreseen to surpass USD 150.5 million by the end of 2032 due to soaring incidences of acne vulgaris among adults and teenagers and increasing awareness regarding light treatment.
Floor and desk lamps segment is projected to exceed USD 300 million by 2032 as a result of the advantages of floor and desk lamps over light boxes such as wide-angle adjustments and brilliant light emission.
North America light therapy market held more than 34.5% business share in 2022 on account of technological advancements in healthcare for economical patient care and surging awareness regarding light therapy in the region.